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Learn moreJan 2021
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In 2020, all categories of designer apparel and footwear (ready-to-wear) experienced a severe decline in sales, as a consequence of the store closures mandated during the lockdown phase in Canada. Post-lockdown, consumers made fewer purchases overall from designer apparel and footwear (ready-to-wear) brands in the year because of working from home more, cancellations of social gatherings and events, and ongoing concerns over job stability and the economy.
Casualwear and accessories also experienced decline in 2020 but sales were more resilient than other apparel categories. Loungewear increased in popularity as consumers stayed at home more, both working from home and ensuring social interactions were limited.
Store-based retailers, including mono-brand luxury specialist retailers and luxury department stores, lost distribution share to e-commerce in 2020 as customers turned more to online purchasing due to lockdown store closures and subsequent hesitation among shoppers to return to stores in the reopening phase. E-commerce was the only retail channel to show positive growth in designer apparel and footwear (ready-to-wear) in 2020.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Designer Apparel and Footwear (Ready-to-Wear) industry in Canada with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Designer Apparel and Footwear (Ready-to-Wear) industry in Canada, our research will save you time and money while empowering you to make informed, profitable decisions.
The Designer Apparel and Footwear (Ready-to-Wear) in Canada market research report includes:
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.